NOT LISTED FOR SALE

38 Lower Main St Matawan, NJ 07747

Estimated Value: $519,000 - $535,000

3 Beds
1.5 Baths
1,520 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $440,000 $289 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,482/month

4 Days on Market

Highlights

  • Above Ground Pool
  • Colonial Architecture
  • Engineered Wood Flooring
  • Matawan Reg High School Rated A-
  • Deck
  • Attic

About This Home

As of March 2023

Exceptional Colonial Home, Rocking Chair front porch, High 9 foot ceilings, newer windows and roof. You will be the envy of all when they enter your Open foyer/hallway leading to a tranquil living room full of natural sunlight, half bath, formal dining room fit for a king and Phenomenal Eat in kitchen w/appliance package, Stroll upstairs to 3 generous bedrooms. master bedroom has open closet/office space. Full bath. Head down to the full basement. inside/outside entrance. set up now as an office (for owner) Plenty of storage, Home offers 2 furnaces and AC units. Trex Front and back deck. Smart thermostat, Open floor plan, Transfer switch for a generator.4 car driveway .Rear mud room, laundry and pantry room lead to a fully fenced yard w/above ground pool Perfect entertaining w/patio

Last Agent to Sell the Property

Peggy Yanuzzelli

C21/ Charles Smith Agency License #8543823 Listed on: 01/24/2023

Last Buyer's Agent

Lori Merendino

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,767

Year Built

  • Built in 1945

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the upper level
  • Ceiling Fan
  • Window Treatments
  • Pull Down Stairs to Attic
  • Washer

Kitchen

  • Stove
  • <<microwave>>
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Workshop

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Above Ground Pool
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: kitchen Island is excluded.
  • Assessor Parcel Number 01-00276-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,767

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Above Ground
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Ceiling Fan(s), Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Engineered
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Ceilings - 9Ft+ 2nd Flr
  • New Construction: No
  • Year Built: 1945
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Foyer Floor - Engineered5: Yes
  • Living Room Floor - Engineered: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Exterior Porch - Open: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Basement Workshop Workbench: Yes
  • Kitchen Floor - Laminate2: Yes
  • Cooling Multi Units: Yes
  • Energy Features Program Thermostat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Workshop/ Workbench, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: kitchen Island is excluded.
  • Exterior Features: Deck, Fence, Patio, Porch - Open, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Asphalt, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Central Air
  • Cooling Y N: Yes
  • Heating: See Remarks, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:Pool Above Ground: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 01-00276-0000-00019

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6767.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 20, 2023
Sold by
Romao Andrew and Romao Jennifer
Bought by
Studsrud Maggie and Napolitano Alexis
Seller's Agent
Peggy Yanuzzelli
C21/ Charles Smith Agency
Buyer's Agent
Lori Merendino
VRI Homes
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$526,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,889
Avg. Annual Appreciation
8.11%
Original Mortgage
$190,000
Outstanding Balance
$185,463
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$341,426

Purchase Details

Closed on
Feb 1, 2017
Sold by
Romao Andrew
Bought by
Romao Andrew and Romao Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,866
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 26, 2014
Closed on
Dec 1, 2014
Sold by
Powers Timothy M and Powers Arlene T
Bought by
Romao Andrew
Seller's Agent
Allan Buim
Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Buyer's Agent
Allan Buim
Coldwell Banker Schlott
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%
Original Mortgage
$167,270
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 1995
Sold by
Armstrong Robert
Bought by
Powers Timothy and Powers Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
8.34%
Mortgage Type
VA

Purchase Details

Closed on
May 4, 1994
Sold by
Federal National Mortgage Association
Bought by
Armstrong Robert and Armstrong Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
8.51%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Studsrud Maggie $440,000 Vanderbilt Title & Settlement
Romao Andrew -- None Available
Romao Andrew $140,000 Red Bank Title Agency Inc
Powers Timothy $110,000 --
Armstrong Robert $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Studsrud Maggie $60,000
Open Studsrud Maggie $190,000
Previous Owner Romao Andrew $207,500
Previous Owner Romao Andrew $191,866
Previous Owner Romao Andrew $166,677
Previous Owner Romao Andrew $167,270
Previous Owner Powers Timothy M $30,000
Previous Owner Powers Timothy M $260,267
Previous Owner Powers Timothy $179,000
Previous Owner Armstrong Robert $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $440,000 -2.2% $289 / Sq Ft
01/18/2023 01/18/23 For Sale $450,000 +221.4% $296 / Sq Ft
12/05/2014 12/05/14 Sold $140,000 -- $92 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,858 $387,000 $214,400 $172,600
2023 $6,858 $320,600 $157,100 $163,500
2022 $6,939 $276,100 $120,400 $155,700
2021 $6,939 $256,700 $118,200 $138,500
2020 $6,834 $251,800 $116,400 $135,400
2019 $7,013 $251,000 $116,400 $134,600
2018 $7,051 $253,000 $124,700 $128,300
2017 $6,845 $249,100 $124,700 $124,400
2016 $6,406 $243,300 $122,000 $121,300
2015 $6,339 $231,100 $113,000 $118,100
2014 $6,063 $225,400 $108,000 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22301532

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00276-0000-00019